RMS Networks Names Steven A Palasay Chief Financial Officer

Released on: May 20, 2008, 7:56 am

Press Release Author: Dawn Rahicki

Industry: Marketing

Press Release Summary: Accounting & Finance Veteran Promoted at Digital Media &
Marketing Company

Press Release Body: RMS Networks, the Internet-based, digital media and marketing
company that develops, manages and delivers the most relevant video advertising
segments to millions of consumers daily, has promoted Steven A. Palasay, CPA, to
Chief Financial Officer from Director of Financial Operations & Corporate
Controller. Palasay will report directly to Jason Kates, the company's CEO.

"Since his arrival in 2004, Steven has been critical to the financial workings of
RMS, essentially handling responsibilities similar to those of both a CFO and
general counsel," said Jason Kates, CEO and founder of RMS Networks. "He's a proven,
capable professional and a trusted advisor."

Palasay will continue to oversee such tasks as budgeting, audit and shareholder
reporting, financial and systems management, all human resources functions,
oversight of the company's compensation and benefits programs, preparation of
financial forecasts and projections to raise working capital, and various other
responsibilities.

Palasay has held key positions at several Fortune 500 corporations and major
regional employers. He was accounting manager with billion-dollar vehicle rental
company ANC Rental Corporation in Boca Raton, overseeing $275 million in rental and
concession payments at over 200 on- and off-airport locations both foreign and
domestic for the Alamo Rent-A-Car and National Car Rental brands. He also was with
Deloitte & Touche; Embraer Aircraft Corporation, the Brazilian aircraft
manufacturer; Prosodie Interactive, a telecommunications services provider; and
Discovery Zone, the former children's entertainment division of Blockbuster
Entertainment.

"RMS is a dynamic place to work for any accounting and financial professional,"
Palasay said. "They have very intricate business and financial relationships across
the retail, marketing, entertainment and consumer electronics categories, which
makes work both challenging and fun."

About RMS: RMS is the Internet-based, digital media and marketing company that
develops, manages and delivers the most relevant video advertising segments to
millions of consumers daily. Through rVue, the free-to-download software created by
RMS, high-traffic venues and consumers can access HD video content, create play
lists and dramatically enhance the shopping experience. From its headquarters in
Fort Lauderdale, Fla., RMS has served clients including AutoNation, Blockbuster,
Subway and Advance Auto Parts - all with a simple proposition: Where ROI meets
awareness. That's RMS. Learn more at rmsnetworks.com.


Web Site: http://www.rmsnetworks.com

Contact Details: Dawn Rahicki
RMS Networks
900 SE 3rd Ave, Third Floor
Fort Lauderdale, FL 33316
888.883.8857
dawnr@rmsnetworks.com

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